US auto insurers are racing to increase premium rates as they seek to offset historically poor underwriting results. The year-to-date nationwide average increase for private auto insurance is 32% in ...

Autonomize AI rolled out a big expansion: AI Studio and an Agent Marketplace with over 100 pre-built, healthcare-native Agents. The company calls it the first orchestration platform designed so ...

EIS is making a blunt promise with its new release: speed up transformation inside insurance operations without dragging through the usual cost and risk. The company announced OneSuite powered by ...

The New York Department of Financial Services hit eight auto insurers and agencies with more than $19 mn in fines after finding inadequate cybersecurity controls that exposed consumer data through ...

Previsico, the UK-based InsurTech specializing in live flood alerts, has closed its Series A funding round, setting the stage for a major expansion push. Investors included Connecticut Innovations, ...

Insurtech Socotra, the modern core platform for innovative insurers, wants insurers to stop waiting months to test product ideas. The insurtech company’s new tool, Agentic Configuration, lets business ...

S&P Global Ratings shifted its outlook on Vienna Insurance Group and its reinsurer VIG RE to positive from stable. The agency kept both entities at A+ for insurer financial strength and issuer credit.

Carpe Data and Harbor AI struck a partnership designed for one of insurance’s fastest-growing battlegrounds – excess and surplus lines. Their joint pitch is simple: give underwriters speed, accuracy, ...

The Illinois House has voted down a contentious insurance regulation bill that would have expanded the state’s power to review and modify filed rates, mandate longer notice periods for premium hikes, ...

Hurricane Melissa tore into Jamaica with 185 mph winds and sheets of rain, smashing records and leaving behind a trail of economic damage that could stretch into the billions. Yet insured losses are ...

Stand, an insurtech startup targeting properties most at risk from natural disasters, has closed a $35m Series B round. Eclipse led the financing, with continued backing from Inspired Capital, ...

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